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Property profile & analytics
FOR LEASE
Distribution centers
727 W Ellsworth Rd, Ann Arbor, MI 48108
Entity Owned
Free & Clear
Property ID
US43-0888585
For Lease
1 / 2
$9 SF/Yr
727 W Ellsworth Rd, Ann Arbor, MI 48108
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Total area
5,822 SF
Lot
0.54 ac (23,610 SF)
APN
L -12-17-105-014
UPID
US43-0888585
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ann Arbor Tortilla Factory Big Box & Wholesale Store
-
Budget Truck Rental Car Rental Facility
-
John's Pack & Ship Shipping Company Freight Service
-
THE LAB: Limitless Auto Boutique Tints And Wraps Interior Design Auto Repair Shop
-
City Electric Supply Ann Arbor Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$540k
Owner & transaction history
Sj7555 LLC
Sj7555 LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$875,000
+77.0%
Retail stores
$670,000
+35.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ann Arbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ann Arbor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$495,000
Current use
OFFICE BUILDING
$875,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$670,000
Change: +35% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$490,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,006
Tax year 2023
Assessed value
$408,999
Assessed 2024
Previous assessed
$262,800
+55.6% YoY
Effective rate
2.94%
On assessed value
Total market value
$817,998
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1980
Heating
SPACE
Total area
5,822 SF
Lot
0.54 ac (23,610 SF)
APN
L -12-17-105-014
UPID
US43-0888585
Jurisdiction
WASHTENAW
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$495,000
OFFICE BUILDING
Est. value
$875,000
RETAIL STORES
Est. value
$670,000
INDUSTRIAL (GENERAL)
Est. value
$490,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
SPACE
Lot
0.54 ac
Current owner
From public records · entity-resolved
Sj7555 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
740 WELCH RD, COMMERCE TOWNSHIP, MI 48390-3812
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2026
$1,357,440
Sj7555 LLC
Ellsworth Commons LLC
Warranty Deed
—
Sep 28, 2022
—
Cameron Holdings Ellsworth LLC
Oxford Commerce Park Associates LLC
Deed
—
Jan 6, 2022
—
727 W Ellsworth Ste 6 LLC
Oxford Commerce Park Associates LLC
Deed
—
Jan 5, 2022
—
Ellsworht Commosn LLC
Oxford Commerce Park Associates LLC
Deed
$2,640,000 · Old National Bank
Dec 14, 2021
—
727 W Ellsworth Ste 6 LLC
—
Deed
related
$802,900 · Old National Bank
Oct 28, 2021
—
Xmaotech INC
Oxford Commerce Park Associates LLC
Deed
related
—
Sep 2, 2021
—
Xmaotech INC
Oxford Commerce Park Associates LLC
Deed
—
Dec 28, 2015
$230,850
Oxford Commerce Park Associate
D B Warehouse LP
Warranty Deed
—
May 30, 2007
$2,599
Oxford Commerce Park Assoc LLC
Treasurer Of Washtenaw County
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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